Log In/Sign Up
Your email has been sent.
Riverside Portfolio 3 Specialty Properties Offered at $4,250,000 in Riverside, CA
INVESTMENT HIGHLIGHTS
- 100% leased, Multi-Family in Desirable City of Riverside, CA.
- Rare 5 Building offering, only one on the market in Riverside.
- Easy to finance, low risk investment .
- +/- 7+% pro-forma cap rate, with rents that are well under market- Enhance income w expansion/ADU.
- Ideal blend of single family and multi-family.
- Established tenants, all current, no vacancy.
EXECUTIVE SUMMARY
-Portfolio of 5 income properties.
-Rents well Under Market.
- Portfolio Includes; 6 units, Triplex, 2 houses on lot, Single family
-7428-7438 Magnolia, 5011 Hedrick, 5608 & 5606 Ivanhoe and 4603 - 4607 Jurupa
-Most units are MTM, allowing flexibility and upside
-100% occupancy
-Expansion/ADU potential
-6 Plex $1,600,000, Triplex $905,000, House and ADU $1,125,000, Hedrick (house) $615,000
-Rents well Under Market.
- Portfolio Includes; 6 units, Triplex, 2 houses on lot, Single family
-7428-7438 Magnolia, 5011 Hedrick, 5608 & 5606 Ivanhoe and 4603 - 4607 Jurupa
-Most units are MTM, allowing flexibility and upside
-100% occupancy
-Expansion/ADU potential
-6 Plex $1,600,000, Triplex $905,000, House and ADU $1,125,000, Hedrick (house) $615,000
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (PRO FORMA - 2025) |
ANNUAL |
|---|---|
| Gross Rental Income |
$286,620
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$286,620
|
| Taxes |
$36,500
|
| Operating Expenses |
$12,000
|
| Total Expenses |
$48,500
|
| Net Operating Income |
$238,120
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $286,620 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $286,620 |
| Taxes | |
|---|---|
| Annual | $36,500 |
| Operating Expenses | |
|---|---|
| Annual | $12,000 |
| Total Expenses | |
|---|---|
| Annual | $48,500 |
| Net Operating Income | |
|---|---|
| Annual | $238,120 |
PROPERTY FACTS
| Price | $4,250,000 | Status | Escrow |
| Price / SF | $1,207 / SF | Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 5.70% | Total Building Size | 3,520 SF |
| Sale Type | Investment | Total Land Area | 0.69 AC |
| Price | $4,250,000 |
| Price / SF | $1,207 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 5.70% |
| Sale Type | Investment |
| Status | Escrow |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,520 SF |
| Total Land Area | 0.69 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Single Family
5011 Hedrick Ave, Riverside, CA 92505 |
Specialty | 1,500 SF | 1963 | - |
|
Single Family
5608 Ivanhoe Ave, Riverside, CA 92503 |
Specialty | 1,020 SF | 1954 | - |
|
New ADU
5606 Ivanhoe Ave, Riverside, CA 92503 |
Specialty | 1,000 SF | 2024 | - |
1 1
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Miller Trust
Riverside Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.